08.10.2025, Moscow.
The decision by OPEC+ to raise oil production signals a shift from a policy of strict restrictions to a cautious increase in supply against the backdrop of steady global demand and high commodity prices, Rossa Primavera News Agency‘s Economic Desk wrote.
On October 5, eight OPEC+ countries with voluntary restrictions, Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, the UAE, Oman, and Algeria, agreed to raise oil production by 137,000 barrels per day starting in November. This volume will be added on November 1 to the existing 1.65 million barrels per day, which has been in effect since April 2023.
During an online meeting, OPEC noted that member countries would continue to assess market conditions. They reaffirmed the importance of a cautious approach and maintaining full flexibility: the countries may suspend or cancel the production increase if necessary.
Under the new agreement, Russia’s average daily oil production will increase by 41,000 barrels starting in November.
The decision by eight OPEC+ countries to continue raising production sends another signal to the market. The group is transitioning from a policy of strict production restraint to a careful increase in supply. The reasons are clear: global oil demand remains strong despite the slowdown in China’s economy and the West’s “green” agenda. Oil reserves in the Organisation for Economic Co-operation and Development’s countries are at their lowest levels in years, while prices have remained steadily above $80 per barrel, creating favorable conditions for a gradual production increase without risking a price collapse.
For Russia and other OPEC+ countries, this step marks the beginning of “normalization” after two years of voluntary restrictions introduced to support prices amid sanctions and declining demand. The completion of early production cuts and the new adjustment now demonstrate OPEC+’s confidence in the market’s ability to absorb additional volumes without losing balance.
Market optimism is largely driven by OPEC+’s decision not to accelerate production expansion. That is why oil prices rose by 1% after OPEC+ announced a more moderate output increase for the coming month than expected.
Behind the flexible wording of the decision lies a warning: the alliance is ready to “roll back” at any moment if prices start to fall. This reflects OPEC+’s new strategy, including a highly adaptive market management approach, where each change in production quotas serves not only as an economic adjustment but also as a political signal.
Source: Rossa Primavera News Agency
